Pharma breakout of consolidation

As can be seen CNXPharma has given breakout of consolidation after 4+ months. Probability of success increases if we find there is sectoral trend from index.

This will give good opportunities in pharma stocks.

Following are pharma stocks which have taken support on the weekly super-trend. These will give up swing in next quarter. List is alphabetical. . .
Abbot
Snapshot

Alkem
Snapshot

Caplin
Snapshot

Drreddy
Snapshot

Gland
Snapshot

Linclon
Snapshot


Marksans
Snapshot

Sunpharma
Snapshot



Technical IndicatorsSupport and Resistance

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